PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0686%/8h= −75.1% APRnext payment −$0.86 per $10,000 · paid last 24h −0.052%

Price spread now: Reya against Nado−0.005%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Nado Short on Reya

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropNado: Active · Reya: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$21 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado kPEPE-PERP	0.000005327	0.0875	pay 0.0109% / 1h	43m 08s	$192K	$916K	10x
Short	Reya kPEPERUSDPERP	0.000005327	0.0189	get 0.0024% / 1h	43m 08s	$8K	—	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Nado. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee NadobpFee ReyabpOrdersPrice spread, now −0.005%Rate

Funding earned: −$144.09
Price spread: −0.005% → 0.000%: −$0.53
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Reya: 3 bp × 2 orders: −$6
Net: −$157.62
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Nado: live order book, 10 min ago; Reya: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Nado live order book, 10 min ago	3.76 bp	14.0 bp −$14	31.7 bp −$317	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

PEPE on 35 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX PEPE-USD	0.0000%	1h	0.000005320	−0.134%	$20K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0006%	1h	0.000005313	−0.264%	$15K	—	150x	as long as short
Injective PEPE/USDC PERP	+0.0092%	1h	0.000005327	−0.003%	$3K	$111K	12x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000005331	+0.072%	$69K	$153K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000005316	−0.215%	$108.3M	$374.9M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000005319	−0.153%	$176.3M	$86.5M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000005319	−0.152%	$27.0M	$67.6M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000005314	−0.255%	$761K	$5.1M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000005342	+0.287%	$43K	$498K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000005323	−0.084%	$2K	$2.5M	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX PEPE-USDT	+0.0100%	8h	0.000005325	−0.045%	$610K	$3.8M	75x	as long as short
Reya kPEPERUSDPERPshort	+0.0189%	1h	0.000005327	−0.005%	$8K	—	15x
Bitget PEPEUSDT	+0.0268%	8h	0.000005321	−0.114%	$51.9M	$188.0M	75x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0381%	8h	0.000005321	−0.112%	$36K	$26K	20x	as long as short
OKX PEPE-USDT-SWAP	+0.0428%	8h	0.000005320	−0.135%	$52.5M	$676.9M	50x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0503%	1h	0.000005316	−0.210%	$75K	$126K	25x	as long as short
BloFin PEPE-USDT	+0.0556%	8h	0.000005322	−0.097%	$4.8M	$28.2M	75x	as long as short
Phemex u1000PEPEUSDT	+0.0623%	8h	0.000005320	−0.133%	$2.6M	$7.5M	50x	as long as short
SoDEX 1000PEPE-USD	+0.0662%	1h	0.000005320	−0.135%	$2K	$10K	10x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0712%	1h	0.000005338	+0.203%	$732K	$36.5M	50x	as long as short
BingX 1000PEPE-USDT	+0.0764%	8h	0.000005319	−0.144%	—	$252.1M	—	as long as short
Paradex kPEPE-USD-PERP	+0.0794%	8h	0.000005329	+0.036%	$6K	—	20x	as long as short
Aevo 1000PEPE-PERP	+0.0800%	1h	0.000005326	−0.022%	$151K	—	3x	as long as short
MEXC PEPE_USDT	+0.0805%	8h	0.000005319	−0.155%	$103.8M	$293.0M	300x	as long as short
Binance 1000PEPEUSDT	+0.0807%	8h	0.000005319	−0.146%	$155.1M	$1.31B	75x	as long as short
Extended 1000PEPE-USD	+0.0808%	1h	0.000005319	−0.162%	$566K	$226K	25x	as long as short
Nado kPEPE-PERPlong	+0.0875%	1h	0.000005327	long leg	$192K	$916K	10x
GMX PEPE/USD [ETH-USDC]	L +0.0902% / S −0.1770%	1h	0.000005000	−6.142%	$65K	—	100x	as long as short
Aster 1000PEPEUSDT	+0.0938%	8h	0.000005326	−0.028%	$1.9M	$9.9M	50x	as long as short
ApeX Omni 1000PEPEUSDT	+0.1032%	1h	0.000005324	−0.060%	$176K	$800K	25x	as long as short
01 Exchange kPEPEUSD	+0.1208%	1h	0.000005333	+0.109%	$643	$3K	10x	as long as short
Lighter 1000PEPE	+0.1248%	1h	0.000005326	−0.022%	$692K	$8.6M	10x	as long as short
Backpack kPEPE_USDC_PERP	+0.1331%	1h	0.000005320	−0.142%	$72K	$722K	15x	as long as short
Kraken Futures PF_PEPEUSD	+0.1536%	1h	0.000005315	−0.237%	$4.9M	$16.3M	50x	as long as short
Hyperliquid kPEPE	+0.1765%	1h	0.000005332	+0.091%	$58.5M	$144.5M	10x	as long as short